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Bid now sitting at .0014, yes now that is getting back to where I want to buy. I don't out think it, I listen to what it is telling me. Look at all the pump posts just after midnight. Why do you think that was? For a long term hold is buying around .002 smart?, sure it is. That is where I see the potential same as most here, but now it screams trade. Make money and use the profits to reinvest and protect you capital. If that is bashing, then to each his/her own.
Look, I don't bash, I care about making money period. When a position gives you a 100% plus gain in a few hours my sense is to take it off the table as long as the liquidity makes it worth while. I have been following this stock for quite sometime and have done extensive DD on it. I know what I have here, and just for full disclosure I will take a position again when justified. Yesterday it screamed trade not buy and hold. If you feel different then so be it good for you. But yesterday allowed me to by back in with house money when I choose to. Mine is not at risk anymore, is yours? I try to read what the market is telling me. Yes it all becomes a moot point if they release news that is blockbuster. I'll chase a bit and still make money. That is the only point here.
Let's hope your right. The company is in an explosive growth position. Will they/can they capitalize it? It's up to them. I will look to re-enter if the price and pattern justify it today or in the future. GLTY
Chart still holding, barely. Could leave a nice shadow by day's end.
Let's see where we are after the lunch hour. May or may not nibble.
54+ million in just a few hours of trading between yesterday and this morning, for it to hold it really needs news. You just don't let those types of gains evaporate with these types of stocks. If it really has legs, then that will reveal itself in time. I don't flip unless I get in the triple digits, more often than not you do extremely well. Miss a few runs, sure. Get hurt, no.
Not sure, smells of pump and dump. I would think with the volume we have had yesterday and today that we would be at or near .01 already. Who knows, company dilution as well. This stock you could not buy hardly anything for weeks/months, now no problem. I flipped already from yesterday, waiting for .0009/.0010 again. Nice run, 100% plus, but with no new news, she's toast.
I am giving this one away to just such an individual I know. The Gary issue was already sold out. A good mix of Braves and Yankee fans reside in these parts. The Atlanta Braves are the default local baseball team for a good portion of people who live in the Carolinas, about a 4 hour drive from Charlotte to Atlanta on I-85. That would be my reasoning behind why it sold out before Fergie.
When I can get some more from B+N I will drop them off at the Cigar lounge here at Birkdale to stoke the flames so to speak. Small contribution I know, but small field opps can bear fruit if enough efforts are put forth as you suggest.
My take was that they do carry it. Only one was left which I bought, while the others in both the Cigar area and Spirits areas whether combined or apart were still in plentiful supply and usually are when I go into the store now that I check with an interest in the subject matter.
Part of the growing pains as Lincoln has acknowledged with regards to distribution and exposure for the publication. No Rome was not built in a day and neither will be Lincoln's version of it. It will get built though, just by virtue of the quality of the advertisers I see in the Mag along with the articles and of course the products. These seem to be a well motivated and focused group of business people who are working hard at bringing their dreams and goals to a successful level.
Just my take.
For those keeping the tally of such things, add Barnes and Noble Booksellers Store #2118 located in Birkdale Village, Huntersville, North Carolina as a proud supplier of Cigar & Spirits Magazine. I just bought the last copy on the rack (5.99) Fergie issue. Still plenty of copies of the competition, but sold out of C&S. As a side note, Birkdale Village is home to many fine businesses and world class restaurants including a Cigar Lounge called "Burners Cigar Co." Tonight had a solid turnout of 8 (its maybe 1000 sq ft space)equally divided 4 guys, 4 gals. Door was open and conditions were mostly cloudy, or about normal I would say.
Very well made mag, high quality as has been noted before by others on this board. Nice letter penned by Lincoln. Will look forward to reading cover to cover. Let the progress continue and 2013 be the breakout year we all look forward to.
Thanks for the update FC, they are building a company as things appear now. Whatever the plan, we are as far as investing goes regardless of the time frame being either a short term profit trade or longer term hold look to be in good shape. Thanks again.
I suspect that IPRU will follow the pattern of any one of many examples in the past of OTC/BB stocks with promise and or revenues that go quiet for what seems like forever until one day a news event occurs to drive the price up much higher. There is no telling how long we will channel along, possibly most of this year and into next. Shares are bought and put to bed until this sleeping beauty gets her kiss to wake up and live happily ever after. Let these growing pains, ie; distribution/mail issues and the B+N thing sort itself out. Keep hiring talented writers, getting big name/brand recognized advertisers, interesting interviews and assembling a quality team to keep moving forward. Part of being involved with any start up.
In the meantime, back to bargain hunting when those opportunities present themselves, and fishing of course. The fishing part teaches great patience and discipline when one wants to foray into these types of stocks. Increased risk, increased reward potentially.
Free at last! Checked on you while in the BIG HOUSE. Hitting em hard with IPRU, much appreciated. How was the food? No dropping any bars of soap in the shower I hope.
Welcome back. Still marking time here, all is well.
The dump is on as is obvious to anyone. Lots of promise here, but not to be. Here comes no bid by .0001, only a matter of time. No info, no one to take calls, this one turned quick.
Just a guess, but we all know that penny companies are about 90% crap and that these ceo's only pump then sell shares, make their million or so and do it again and again.
The last few years with all the new rules (FINRA) and with the new head of the SEC (Mary Jo White), the gov't wants all the lost revenue from NSS, and these other criminal activities. Why appoint her the new SEC head with her history unless you are serious about getting your hands on the cash. U.S. markets have lost too much credibility and I suspect they figure they better fix it so its meal ticket engine can get back to maximum output. Independent analysis from people who are actually honest and not part of the problem have put numbers just on naked short selling at 18 trillion annually. Note that since she was announced, the dow is now pushing past 14,000. Been awhile, maybe those who are way short are re-thinking their positions? Who knows? The Fed pumping up the money supply by at least 40 billion a month, a strong tide to swim against by any measure.
Anyway, wouldn't you want your hands on a part of that cash. Whoever said everyone in gov't was dumb? Should be interesting this year. The game is about to be changed I think since a new signal is being sent. People like Milken, Madoff, Sanford, Corzine, etc are just small potatoes. Time to go after the big money.
Could be why volume is doing a different dance.
Thank you for the efforts Walker/Georgie, along with many others on this board. I don't have the time to put in as much as I would like, so it is very much appreciated by me to those of you who take your time to help everyone out. Lucky to be here with this group. Thanks again to all, and let the good times roll for each in 2013.
Calm seas and bountiful catches to all.
offshore58
They are fighting us hard Jeff, alot of us are ask slapping now.
That is about as true a statement as one will find on any stock forum anywhere.
Your approach is exactly what everyone should be on board with, regardless if you are holding or looking to add. I agree.
You just defined the family of stocks that trade in the Pinks, OTC's, and BB's.
There is a reason why they are here.
I personally never expect anything from them other than runs. The rest is just for entertainment.
In the end all that matters is the money, for them, us, etc. I am banking on their greed as I do with any stock on any exchange. The rest is just noise truth be told.
The good news is that their pattern is telling that they would like a nice run which will in time fatten everyone's account.
It happens when it happens. Back to work.
Thanks from me as well georgie, very much appreciated.
I can't see how they hold this down much longer although they are trying.
To no avail.
Agree, good to see some new respected faces to add to the ones already here. Lets make some $$$.
I am of the opinion that building revs and the move to profitability is the logical step and that chances are good we see some pr in 1Q to validate that. No pump here, more like building a business and the ability to sustain the upward movement in the pps, which is what we all really want.
My feeling remains that news comes sometime 1Q. Would love to be wrong.
Agree FC, just a matter of time. It would be nice to get some news this month, but my guess is sometime 1Q 2013. Whatever the Co. is working on, I agree that it is going to be a big event to move the price up significantly. They may even be wanting to have a couple of increasing quarters of revenue to backstop the push, that is what 3Q and 4Q 2012 could do. As has been stated here before, larger issues, more ad space, brand name people on the covers, etc. Bottom line is we are all holding knowing how far in the weeds the MM's are. Be more patient than them, and your pot of gold awaits at the end of this rainbow.
Agree, better days to come. These price points scream accumulation to me. The time when the price screams to take profits is for another day.
Yes Han, took advantage of that dip to .0019, suggest others do the same.
Just wishing Happy Thanksgiving would be my guess. No news until next week at the earliest I bet. It will come.
Happy to help anytime.
Agreed
A good friend is with TDA and tried to place 3 orders on the 3 trading days after the storm.. None were accepted as the chill on TDA is still in force as of Friday last week. No update for this week yet.
Agreed. My comment only concerned TDA and WBSI.
7.95 GTC
Yes, multiple times through Fidelity. Only TDA is chilled. You can sell all you want but not buy. Acting badly it seems in the eyes of the DTC. In this business? What a shock!
8 Million at lets say .0025 = 20,000 Dollars.
Dilution?
Making yourself look quite Sophomoric.
soph·o·mor·ic
adj
\?säf-'mo?r-ik, -'mär- also ?so?f- or ?sä-f?- or ?so?-f?-\
Definition of SOPHOMORIC
1
: conceited and overconfident of knowledge but poorly informed and immature <a sophomoric argument>
R/S's are done for many reasons, one would be for a full accounting of shares which have to be reset and certified through the Transfer Agent. As of this morning there has been no adjustment in my Brokerage account, but the process can take up to several days. Today's volume or lack thereof this morning should be telling a story for those who want to read it. Should have a better idea by end of October if not sooner. Most of these triple zero plays need to work through 200 to 750 million shares on average. More to bleed if needed, or cleared positions if needed.
I assume it is ongoing as we speak. Can take up to a couple of days. Lots of documents required usually by FINRA. Share certificates need to be changed to reflect the new share structure Makes the process a bit slower.
The Company attorney's/accountants work with FINRA to procure all necessary documents. Shares are adjusted wherever they are held, i.e. your brokerage account, Transfer agent is notified and Share
Structure is adjusted to reflect R/S. Can take up to several days until all is in order. That is the condensed version. A process is all it is. Watch your brokerage account, in most cases they will flag the security and/or send you an alert.
These things are like politics, whatever seems plausible at the time is the position you take. Stay in vogue until the winds of change move in. There are good and bad R/S's always have been always will be. Study the underlying strength or weakness of the company in question and avoid the knee jerk reaction. If you follow that path, then you already have your plan adjusted and on track whether you are here invested or have moved on. Be a student of common sense and you usually can see through the fog a little easier. Takes awhile for all the blood to flow, but it is a finite amount that does cease at some point. People tend to be looking in the wrong direction in times of panic. Their view is neither focused or clear. In this case, the hot button is money and its departure from one's brokerage account today that dictates the response. J Paul Getty's description of days before the crash of 29 and the days following draw an uncanny parallel that hold well even in today's markets.
Current O/S 837,116,938 Pre Split
R/S 1 for 100
Adjusted O/S 8,371,169+ Message sent
Authorized at 10,000,000,000 Post Split
Numbers point one way.
As you say, Fundamentals in place.
Let it bleed out, and see what October report
says. Only change is R/S announcement for now.
Business unaffected. Awaiting .0001 because that
is what they do. Then decision time. Agree with
you.